At 05:00 PM 3/20/98 -0500, Doug wrote:
>Between Feb 97 and Feb 98, U.S. real hourly earnings for all private sector
>workers were up 2.7%, led by 3.0% gain in services; manufacturing lagged at
>up 1.6%. ...
>Is this a blip, shortly to be squashed by Alan Greenspan, or a real
>reversal of the downtrend in real hourly earnings that began in 1973?
A few weeks ago, the author of the weekly economic outlook pages of
BUSINESS WEEK interpreted a statement by Greenspan as saying "if the East
Asian crisis doesn't slow the US economy, then I'll do it."
in pen-l solidarity,
Jim Devine [EMAIL PROTECTED] &
http://clawww.lmu.edu/1997F/ECON/jdevine.html
"It takes a busload of faith to get by." -- Lou Reed.
